Western Wealth Management LLC Boosts Stake in Schwab Fundamental U.S. Large Company ETF $FNDX

Western Wealth Management LLC increased its stake in shares of Schwab Fundamental U.S. Large Company ETF (NYSEARCA:FNDX) by 123.1% in the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 44,570 shares of the company’s stock after purchasing an additional 24,593 shares during the period. Western Wealth Management LLC’s holdings in Schwab Fundamental U.S. Large Company ETF were worth $1,213,000 at the end of the most recent reporting period.

Other hedge funds have also recently made changes to their positions in the company. Capital Investment Advisory Services LLC boosted its position in shares of Schwab Fundamental U.S. Large Company ETF by 82.8% during the 4th quarter. Capital Investment Advisory Services LLC now owns 1,358 shares of the company’s stock worth $37,000 after purchasing an additional 615 shares during the period. Kohmann Bosshard Financial Services LLC purchased a new position in Schwab Fundamental U.S. Large Company ETF in the 4th quarter valued at approximately $39,000. First Command Advisory Services Inc. purchased a new position in Schwab Fundamental U.S. Large Company ETF in the 3rd quarter valued at approximately $43,000. Fifth Third Bancorp purchased a new position in Schwab Fundamental U.S. Large Company ETF in the 3rd quarter valued at approximately $44,000. Finally, Manning & Napier Advisors LLC purchased a new position in Schwab Fundamental U.S. Large Company ETF in the 3rd quarter valued at approximately $50,000.

Schwab Fundamental U.S. Large Company ETF Stock Down 0.9%

Shares of FNDX stock opened at $30.30 on Friday. Schwab Fundamental U.S. Large Company ETF has a 52 week low of $23.18 and a 52 week high of $30.68. The stock has a market capitalization of $26.10 billion, a PE ratio of 17.86 and a beta of 0.88. The firm has a 50 day moving average of $28.83 and a two-hundred day moving average of $28.09.

Schwab Fundamental U.S. Large Company ETF Profile

The Schwab Fundamental U.S. Large Company Index ETF (FNDX) is an exchange-traded fund that is based on the Russell RAFI Large Company US index. The fund tracks a fundamentally selected and weighted Russell index based on sales, cash flow and dividends\u002Fbuybacks. FNDX was launched on Aug 15, 2013 and is managed by Charles Schwab.